Inc. magazine announced Thursday, Aug. 23, that Central States Trucking is included on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. The Inc. 5,000, an extension of Inc.‘s annual Inc. 500 list, highlights the fastest-growing privately held businesses in America. Central States Trucking’s ranking is 4,348.
“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy — the entrepreneurial part,” says Jim Melloan, Inc. 5,000 project manager. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like manufacturing and construction that are underreported in the business media.”
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held; independent — not subsidiaries or divisions of other companies — as of Dec. 31, 2006; and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
Central States Trucking reports that it has grown by 67 percent and is expected to double its revenues by the end of 2007, totaling $42 million. The Bensenville, Ill.-based company, founded in 1980, utilizes 300 employees, 200 tractors and 300 company-owned trailers to serve customers across six Midwestern states in four specific areas of transportation: container drayage (intermodal), dedicated contract, line haul and CFS warehouse (ocean and air freight break bulk).
“This award recognizes the tremendous growth our company is experiencing as we continue to provide customers world-class service with a personal touch,” says Doug Grane, president of Central States Trucking. “We are honored to receive this ranking by one of the nation’s premier entrepreneurial publications.”
Complete information on this year’s Inc. 5,000 can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region and year founded. Leading the list of the fastest-growing companies in the nation is the Midwest region, with 1,046 of the fastest-growing companies.